Allocations
DealerSocket has entered into a strategic investment partnership with private equity firm Vista Equity Partners.
DealerSocket has grown from a start-up software company in a garage 13 years ago to a 450 employee CRM platform for the retail and independent automotive industries.
DealerSocket partnered with Vista to accelerate growth and to continue to invest in product, service and operational scale.
DealerSocket's current management team will remain in place and continue to hold a significant ownership stake in the company.
Vista's founder and managing principal Robert F Smith says: "We are tremendously excited about partnering with DealerSocket. We
Peerius, the UK’s and Europe’s largest provider of personalisation software, has received growth finance of GBP1.2million from Beringea Growth Finance, part of Beringea, the manager of the ProVen VCTs.
Peerius’ suite of SMART products allows each retail client to treat every visitor to its website as an individual.
Peerius uses complex algorithmic software to ensure that clients’ customers feel unique in being offered exactly what they want.
Clients include Arcadia Group, Charles Tyrwhitt, Tommy Hilfiger, notonthehightstreet.com, Appliances Online, Wickes and Superdry.
The injection of funds will allow the company to continue to invest in its software,
Falfurrias Capital Partners has acquired a controlling interest in American Safety Council (ASC) to support and enhance its growth under the leadership of chief executive Jeff Pairan.
Based in Orlando, Florida and founded in 1993, ASC is a provider of e-Learning training solutions to address transportation and workplace safety, testing, medical continuing education and other regulatory-driven training on behalf of government, institutions of higher learning, business and industry, and individual clients.
Falfurrias Capital, founded by former Bank of America chairman and CEO Hugh McColl Jr and former Bank of America chief financial officer Marc D. Oken, has been actively
Napier Park Global Capital’s financial partners team has completed the initial investment of the Napier Park Railcar Lease Fund, a USD370 million specialised, single-purpose private equity fund.
The fund has deployed a total of USD359 million in equity capital, or 97 per cent, within 12 months of its inception and nine months after its final closing.
This investment by the fund, along with equity capital from the fund’s joint venture partners listed below and long-term debt, has financed the acquisition of railcars representing USD2.1 billion in asset value.
“We are delighted with how successful this innovative investment opportunity
ResponseTap, a specialist in call tracking and analytics, has secured GBP4m of Series B funding including GBP2.5m from Beringea, which manages the ProVen Venture Capital Trusts, and GBP1.5m from Eden Ventures.
ResponseTap will use this investment to accelerate expansion in the US and to continue support for its UK development team.
Since its first external funding round in 2012, ResponseTap has grown to over 50 employees and has an established US presence and a solid client base. ResponseTap’s technical platform has been radically restructured following user feedback.
ResponseTap provides agencies and brands with granular data about the journey
Private equity firm Thoma Bravo has completed its USD930 million acquisition of TravelClick, a provider of cloud-based revenue-generating solutions for the USD500 billion global hospitality industry.
“TravelClick has established itself as the leader in delivering revenue-enhancing technology and services to the hotel industry, and we look forward to supporting the company in its next stage of growth,” says Holden Spaht, managing partner at Thoma Bravo. “With a strong base of recurring revenue, a leadership position in a fragmented vertical market and a great management team, TravelClick represents an excellent fit with Thoma Bravo’s buy and build investment strategy.”
“I
RiverVest Venture Partners has sold portfolio company Lumena Pharmaceuticals to Dublin-based Shire Plc in a transaction with an upfront payment of USD260 million in cash.
The deal also includes a payment for net cash at closing, and near-term contingent milestone payments related to ongoing clinical trials.
In the three years since it received initial seed funding from life sciences venture capital firm RiverVest, Lumena has developed two drugs to provide better treatment options for adults and children who suffer from rare and debilitating liver diseases and serious metabolic disorders.
In addition to its financial commitment, RiverVest provided hands-on
Middle market private equity firm GI Partners is to acquire IT infrastructure and cloud provider Peak 10.
Founded in 2000, Peak 10 provides hybrid IT infrastructure services including data centre services, private and enterprise cloud infrastructure and managed services.
Headquartered in Charlotte, North Carolina, the company operates 24 data centres in 10 key markets in the US, primarily serving mid-sized enterprises around the globe.
"This is a pivotal time in the IT infrastructure space," says David Jones, president and chief executive officer of Peak 10. "Our industry continues to experience dynamic change with shifts and enhancements to virtual
Private equity-backed IPOs in Latin America outperformed the broader public markets and other IPOs in the region by a significant margin over the course of 2013, according to a survey by EY.
The report – Great expectations: what’s next for Latin American private equity? – underscores that exits via IPOs yielded better returns than the other key route in Latin America, sale to corporates.
The report, now in its third year, examines the results and methods of over 107 PE exits between 2007 and 2013.
With PE-backed IPOs worldwide recording their strongest year-on-record in 2013, 38 per cent
Venture capital investor Octopus Investments and tech start-up specialist 360 Leaders have formed a strategic partnership to work on projects in the technology and enterprise space over the next 12 months.
360 Leaders held its latest ‘Hot Topics’ event last week in New York, focused on the trends of international expansion and the New York tech ecosystem. The event included speakers from US VC firm Sequoia Capital, Foursquare, MongoDB and Octopus-backed events app YPlan.
Simon Andrews, a member of the ventures team at Octopus, says: “360 Leaders is transforming the technology industry through its community approach to talent development,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
